CAPTRUST announced that Stillwater Capital Advisors has joined the firm, expanding CAPTRUST’s footprint in Pennsylvania with a fifth office in the state.
Stillwater provides investment management and wealth management services to individuals, small businesses, endowments, and foundations. The firm is led by co-founder Doug Swope and supported by a team of five additional professionals. Stillwater manages approximately $1.25 billion in assets.
The transaction continues CAPTRUST’s strategy of growing its national advisory platform through acquisitions and partnerships with independent wealth management firms. Following the deal, Stillwater will adopt the CAPTRUST brand.
CAPTRUST said the addition strengthens its private wealth presence in Pennsylvania while adding a team known for its long-term client relationships and disciplined advisory approach.
FP Transitions served as Stillwater’s advisor in the transaction.
CAPTRUST provides financial advisory and investment management services to individuals, retirement plan sponsors, nonprofit organizations, endowments, and foundations. The firm also offers outsourced chief investment officer services, fiduciary support, financial planning, and wealth management solutions.
KEY QUOTES:
“Joining CAPTRUST gives us access to a network of resources and technology which will free up more of our time to help our clients with their financial, family, and life goals. The firm’s client-first focus has been evident every step of the way and matches the Stillwater culture. Stillwater Capital’s business has grown over the years in large part because we focus on doing what’s best for our clients, and that will continue with CAPTRUST.”
Doug Swope, Co-Founder, Stillwater Capital Advisors
“What impressed us most about Stillwater was the caliber of their team and the intentional way they serve clients. They have built a strong reputation through discipline, integrity, and long-term thinking. Their addition strengthens our private wealth presence in Pennsylvania, and we’re excited to support their continued growth as part of CAPTRUST.”
Rick Shoff, Managing Director, CAPTRUST
“While market conditions continue to evolve, the long-term outlook for M&A in our industry remains compelling. Firms are increasingly seeking partners that can provide operational resources and strategic support around succession planning, growth, and rising regulatory complexity—and we believe thoughtful, values-driven combinations will continue to define the next phase of growth.”
Mike Wunderli, Managing Director of M&A, CAPTRUST
